The price formed the bullish Harami on feb 01,2010 . SWKS closing price: $13.68
Was the Signal Confirmed ?
Yes - the candlestick pattern was confirmed the next day on feb 02, 2010 - the price gaped up from the previous high and closed higher
Stochastics Position:
The stochastics are in the oversold area
What it means?
Bullish Harami is a reversal pattern- it predicts the end of the current trend or pullback and the begin of new trend
Conclusion:
Let's check the result in a few days....
Let's check the result in a few days....
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